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Prabowo: Indonesia's Foreign Debt 40%, One of the Lowest in the World

Prabowo: Indonesia's Foreign Debt 40%, One of the Lowest in the World

Dream - Presidential candidate number 2, Prabowo Subianto, assessed that Indonesia's debt-to-Gross Domestic Product (GDP) ratio is currently low compared to other countries in the world. This statement was made by Prabowo in response to the panelists' question regarding the potential for foreign debt to intervene in Indonesia's sovereignty. "So it is still reasonable for us to be around 40% (of GDP) while many countries are far above us," said Prabowo during the Third Presidential Debate in Jakarta on Sunday, January 7, 2024.

Yakin Takkan Diintervensi Kreditur, Prabowo Subianto: `Kita Salah Satu yang Terendah di Dunia`

Prabowo also assesses that through prudent management, good governance, and appropriate economic strategies, it will improve Indonesia's bargaining position. The appropriate economic strategy includes downstreaming, which will provide benefits for the nation. "This shapes our bargaining position," he added. The former Danjen Kopassus also does not worry that other countries will intervene in Indonesia through debt.

"We are very honored, we have never defaulted. I have traveled all over the world, they have great respect for Indonesia, we have never failed in debt, and I am very optimistic."

tegas Prabowo Note: The translation provided is a literal translation of the text while preserving any HTML tags. It does not provide any contextual meaning.

Apart from better debt management, Prabowo reiterated that Indonesia must have a strong defense. This is necessary so that Indonesia cannot be intervened, threatened, or intimidated. "Only with strength, we will be respected and we will secure our wealth, secure our economy, secure our development towards a prosperous Indonesia, a wealthy Indonesia," he said.

Yakin Takkan Diintervensi Kreditur, Prabowo Subianto: `Kita Salah Satu yang Terendah di Dunia`

"Only with our strength will we be respected and we will secure our wealth, secure our economy, secure our development towards a prosperous Indonesia, Great Indonesia."
"imbuhnya" translates to "additionally" in English.

"dream.co.id"

LIVE EXCLUSIVE: Third Presidential Candidate Debate for the 2024 Election

               
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